Archive | Transport

By John Lee. Iran plans to unveil a series of grand projects in partnership with major world shipbuilders, according to a report from Iran Daily. Talks have been held with South Korean, Italian, Chinese, German and Turkmen companies on joint ventures, said The Managing Director of the Iran Shipbuilding and Offshore Industries Complex Company (ISOICO), […]

The Chief Engineer of China Railway Corporation has proposed a ‘Silk Road’ high-speed railway connecting China to West Asia via Central Asia, through to Tehran. Fars News Agency reports that He Huawu’s proposed route was from China’s Urumqi and Yining to Almaty in Kazakhstan, then to Bishkek in Kyrgyzstan, Tashkent and Samarkand in Uzbekistan, Ashgabat […]

Trend News reports that a new airline is to be launched in Iran. TehranAir, headed by the former head of the country’s airports company, Mohammad Ilkhani, is expected to buy ten Airbus A320 aircraft. (Source: Trend News)

PressTV reports that Iran is in talks with six countries to purchase new commercial aircraft to renovate the country’s aviation fleet after the removal of sanctions. The Secretary of the Association of Iranian Airlines, Maqsoud As’adi-Samani (pictured), told the Tasnim news agency: “After the Vienna agreement, chief executives or sales managers of all aircraft manufacturers […]

A delegation from the Belgian port of Antwerp visited Iran last week to re-establish shipping and commercial ties. According to a report from MarEx, the meetings included officials from Iran’s Ports and Maritime Organization, the Islamic Republic Shipping line (IRSL), Iranian Customs and the Iranian investment Organization, finishing with a visit to the Shahid Rajaee […]

By John Lee. Iran’s Oil Ministry has opened a legal case in Turkey demanding ownership of budget airline OnurAir. The company was acquired for $235 million in 2013 by Kudret Tuncel and Mahdi Shams, two allegedly official partners of Babek Zanjani, who has been in jail in Iran pending trial on corruption charges for almost […]

By John Lee. Iran said on Thursday that it plans to award a $1.2-billion electric train project to Russia. Abbas Akhundi (pictured), Iran’s minister of roads and urban development, told reporters that the new service will connect Garmsar in eastern Tehran to the border town of Incheh Borun in the northeastern Golestan province. The proposal […]

By John Lee. The Spanish online travel agency Destinia has opened an office in Iran, and created a Persian language website allowing payments to be made in the local Iranian currency. “Our objective is to be one of the top three Arabic online travel agencies in the region by 2017,” said Amuda Goueli (pictured), CEO […]

The Director of Commerce of the National Iranian Tanker Company (NITC) has said that two major British and Swedish insurance companies have been selected to provide coverage for Iranian vessels. “Following the international political opening, numerous number of qualified international firms have approached NITC negotiating terms of insurance policies,” Nasrollah Sardashti told Shana. They are […]

The National Ferries Company (NFC) in Muscat has confirmed that it will soon launch a ferry service linking Oman with Iran. The company will operate between Khasab and Qeshm Island in Iran, an estimated distance of 44 nautical miles that will take one hour at average speed. The service is expected to be launched shortly […]

By John Lee. Two Canadians accused of illegally selling railway equipment to Iran appeared in court in Montreal on Wednesday. Michael Allen (67) and Hugo Dreckmann (75) were ordered to return to court on 19th February, 2016. The two, directors of Romic Marc Rail, are accused of illegally exporting nearly $10 million worth of American-made railway equipment to Iran, […]

By John Lee. AFP reports that a Boeing 747 operated by Iran’s Mahan Air lost an engine shortly after takeoff from Tehran on Thursday. The flight, with 300 passengers on board, was destined for Bandar Abbas in southern Iran when one of its engines crashed into a nearby field, forcing the jumbo to return and […]

By John Lee. Germany’s TUI Group, the world’s largest leisure, travel and tourism company, is reported to be considering investment in Iran. The minister of economic affairs, labor and transport for the federal state of Lower Saxony in Germany, Olaf Lies, told PressTV that preliminary negotiations have been held for the multinational tour operator to […]

By John Lee. Iraq’s youngest airline, FlyBaghdad, is to start flying between Iraq and Iran, according to a report from Gulf News. The airline’s Regional Commercial Manager, Mohammad Abdali, told the news agency that the Iraqi-owned airline will start flights from Baghdad International Airport to Tehran, Isfahan and Mashhad on October 16. He added that […]

The President of the Organization for Investment, Economic and Technical Assistance of Iran says that any foreign investor wishing to enter the country will be fully insured against all non-economic risks by the government of the Islamic Republic of Iran. At the first international conference on Investment Opportunities in Transportation, Housing and Urban Development, Mohammad […]

IRNA reports that Spanish companies have begun analyzing tenders for participation in infrastructure and development projects in Iran to be implemented in the course of the next year. According to Spainish political daily The Diplomat, Iranian officials have declared the country’s readiness for partnership with foreign firms in 121 infrastructure and development projects worth more […]

By John Lee. Iran’s Minister for Roads and Urban Development, Abbas Akhoundi (pictured), has said that Iran plans to buy 500 new passenger planes by the end of 2016. He told reporters that negotiations with top aircraft companies are already underway. (Source: IRNA)

By John Lee. Iranian vehicle maker Iran Khodro (IKCO) has exported over 6,000 vehicles to the international markets in the first half of the current Persian calendar year surpassing the car manufacturer’s export record throughout last year. IKCO ‘s Deputy for Export and International Department, Saeed Tafazzoli said IKCO’s main foreign site is located in […]

Iran has reportedly signed contracts worth $21 billion to buy satellite equipment and aircraft from Russia. According to a report from Reuters, Manouchehr Manteghi, the managing director of Iran Aviation Industries Organization, said in an interview with Russian agency Sputnik that the contracts had been signed at the MAKS-2015 air show in Russia last month. […]

By John Lee. Iran’s Transport Minister, Abbas Akhoundi (pictured), has estimated that the country could need 400 new planes. According to the report from CNN, Airbus and Boeing are in negotiations to rebuild the Iranian air fleet. Mohammad Khodakarami, director of Iran’s Civil Aviation Organization, said: “We have an active fleet of only 150 and […]